Franchises for Sale in Winston-Salem, North Carolina
Winston-Salem, North Carolina Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Automated Investments | Business Opportunities | $100,000 | |
| 2 |  | Ledgers | Business Services | $50,000 | |
| 3 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 4 |  | Zoomin Groomin | Pet | $90,000 | |
| 5 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 6 |  | Apricot Lane | Retail Franchises | $80,000 | |
| 7 |  | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | |
| 8 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 9 |  | PJ's Coffee of New Orleans | Food Franchises | $150,000 | |
| 10 |  | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 |
To gain comprehensive insights into Winston-Salem, North Carolina, consider these figures in the table below, which include demographic segments, household dynamics, and financial averages, all pivotal in assessing the viability and promise of your franchise endeavor.
| Winston-Salem, North Carolina Demographic Insights | ||
| Households (2023) | 103,508 | |
| Households (2028) | 106,468 | |
| Population (2023) | 252,974 | |
| Population (2028) | 260,970 | |
| Per capita Income (2023) | $37,874 | |
| Total Household Expenditures | $6,783,648,304 | |
| Total Retail Expenditures | $3,187,642,719 | |
| Average Household Income (2023) | $91,916 | |
| Average Household Income (2028) | $96,190 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
The automotive industry in Winston-Salem offers a promising opportunity for potential franchisees. With an estimated population of 257,902 in 2024, projected to grow to 266,765 by 2029, the city's expanding population creates a steady demand for automotive services. Data shows that Winston-Salem has a high rate of vehicle ownership, with 91.1% of households having at least one vehicle. This high vehicle ownership rate, combined with the projected annual population growth of 0.7%, indicates a robust market for automotive franchises offering maintenance, repair, and car wash services. Prospective franchisees can capitalize on this growing market by providing reliable and convenient automotive services to meet the needs of Winston-Salem's vehicle owners.
Read MoreWinston-Salem has an estimated 107,134 households in 2024, projected to increase to 110,826 by 2029. Home services franchises, including plumbing, electrical work, landscaping, and cleaning services, can thrive in this market by offering essential maintenance and improvement services. The retail gap report indicates significant potential in hardware stores, with a potential of $7.78 million against actual sales of $939.03 thousand.
The business services industry in Winston-Salem offers considerable opportunities for franchisees, driven by the city's growing economy and diverse business landscape. With over 10,891 total businesses and 112,325 employees as of 2024, the demand for professional business services is substantial. Services such as marketing, consulting, IT support, and human resources are essential for businesses to thrive in a competitive market. Winston-Salem's average household income of $90,843 in 2024 also indicates a strong economic base, supporting the growth of local enterprises. This growing market provides an excellent opportunity for franchisees to establish successful business services ventures in Winston-Salem.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of December 23, 2024: